Archive for the 'Economy' Category

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Frack Site Near Pennsylvania Nuclear Plant

October 23rd, 2012

Via: Shale Reporter: The new permit granted to Chesapeake is located 1.06 miles from FirstEnergy Corp. nuclear facility in Shippingport. According to DEP records, the permit for an unconventional well was issued to Chesapeake on Oct. 3. Drilling has not yet started. DEP spokesperson John Poister said there are no required setbacks specifically relating to […]

‘IMF’s Epic Plan to Conjure Away Debt and Dethrone Bankers’

October 23rd, 2012

If nothing else, it makes for an entertaining read. Via: Telegraph: So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan. One […]

Sussex Rural Electric Cooperative: ‘Owned by Those it Serves’

October 23rd, 2012

Via: northjersey.com: When we buy stuff-gas, groceries, clothes, cars, you name it-we almost always buy from businesses whose primary goal is to make a profit for their owners or shareholders. Profit-based private enterprise has served America well, but in some instances another approach has worked, too: the cooperative method. One of New Jersey’s stellar examples […]

Japanese Justice Minister Resigns After Revealing Organized Crime Links

October 23rd, 2012

Via: AFP: Japan’s justice minister, who has admitted past links with organised crime, resigned Tuesday just three weeks into the job, citing “health problems”, the government said. Keishu Tanaka was brought into the cabinet at the start of the month as part of a reshuffle aimed at shoring up Prime Minister Yoshihiko Noda’s shaky administration. […]

WikiHouse

October 22nd, 2012

Via: WikiHouse: WikiHouse is an open source construction set. It’s aim is to allow anyone to design, download, and ‘print’ CNC-milled houses and components, which can be assembled with minimal formal skill or training. Related: WikiHouse Blog Research Credit: F

Less Boneheaded Farming

October 22nd, 2012

Via: New York Times: The study was done on land owned by Iowa State University called the Marsden Farm. On 22 acres of it, beginning in 2003, researchers set up three plots: one replicated the typical Midwestern cycle of planting corn one year and then soybeans the next, along with its routine mix of chemicals. […]

Survey: 40 Percent Of Americans Have $500 Or Less In Savings

October 20th, 2012

Via: CBS: A survey of about 1,100 Americans finds that more than 4-in-10 respondents admit they don’t have more than $500 in readily accessible savings.

‘You’re not going to hear about the Windows 8 upgrade cycle. This is the end of Windows.’

October 20th, 2012

I run IT for a small business here in the Far North of New Zealand as a favor to family members. While it’s a small business, it’s one of the largest employers in the region. The employees are decentralized and I thought about establishing the right kinds of network connections and remote access systems, servers, […]

Samsung Accused of Severe Mistreatment of Chinese Workers

October 19th, 2012

Via: China Labor Watch: Indeed, the list of illegal and inhumane violations is long, including but not limited to well over 100 hours of forced overtime work per month, unpaid work, standing for 11 to 12 hours while working, underage workers, severe age and gender discrimination, abuse of student and labor dispatch workers, a lack […]

Student Loan Debt Hits Record High

October 18th, 2012

Via: CNBC: The average college student who graduated in 2011 had $26,600 in student loans, according to a new report, which estimates two-thirds of last year’s college graduates had student loan debt. The average debt is the largest since the Institute for College Access and Success began compiling the figures in 2005, and it comes […]

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